While most employment is “at-will,” some employees (typically C-Suite executives or people in creative or athletic fields) are provided individual employment contracts. The key provisions of employment contracts involve employee duties, employer expectations, compensation, benefits, equity grants, confidentiality of trade secrets, non-compete agreements, length of term, and breaches that can trigger early termination. Employment contracts are almost exclusively prepared by the employer, but employees can negotiate changes or modifications to proposed contracts before they’re signed (or rejected). These contracts are one of the most important documents a given business can have. Not only does it allow you to enter into a partnership with an employee, but it ensures you are both in agreement on salary, benefits, hours, and any confidential information. This binding contract is a smart move for all parties involved and helps to make sure everyone is on the same page.
Embarking on a career with a new employer can be both exciting and intimidating. Whether you work in information technology, government, education, or some other industry, Janovsky & Associates is here to help you with all your employment contract needs. It is important to remember that the terms of an employment contract can impact both parties, which is why it is essential to understand both your rights and obligations. If you need assistance drafting an employment contract, or negotiating terms, contact Attorney Janovsky for a consultation.
When to Use an Employment Contract
Employment contracts range from simple documents that state the period for which you will be employed, what you will be paid, and what reasons you can be fired, whereas a more involved contract can outline in further detail the relationship between employee and employer. Employment contracts are important for both employer and employee for a wide range of reasons. If an employer violates the contract, you may be able to file a lawsuit and either receive back pay or even get your job back. On the other hand, if an employee violates a noncompete agreement, for example, you may be able to take them to court.
There are several instances where an employment contract should be drawn up, including:
● When you are hiring a new employee, and want to outline specific rights and obligations of both parties
● When you are a new employee, and your employer is not providing you with an employer contract
In some cases, an employee may choose to have an employment contract drawn up if the employer has chosen not to do so. This is not as common as the other way around, but worth noting.
If you have questions about what to include in an employment contract or would like to learn more about why these contracts are so important, please do not hesitate to contact Janovsky & Associates. Attorney Janovsky will discuss the ins and outs of drawing up an employment contract and advise you on how to proceed from here. If you need help negotiating terms with an employee in either Texas or California, call today and schedule a consultation.
Legal Disclaimer: The information provided on this website is not legal advice, and does not establish an attorney-client relationship. The information is provided for informational purposes only.